FINANCIAL ACCOUNTING>IC<
FINANCIAL ACCOUNTING>IC<
15th Edition
ISBN: 9781119344988
Author: Kimmel
Publisher: WILEY C
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Chapter 12, Problem 9Q
To determine

Statement of cash flows

Statement of cash flow is a financial statement that shows the cash and cash equivalents of a company for a particular period of time. It shows the net changes in cash, by reporting the sources, and uses of cash as a result of operating, investing, and financing activities of a company.

Type of activities reported in statement of cash flows:

FINANCIAL ACCOUNTING>IC<, Chapter 12, Problem 9Q

Figure (1)

To explain: How and where the excess of cash inflow over cash outflow is identified in the statement of cash flows.

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